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NETL ETF Profile


Family: Exchange Traded Concepts
Name: NETLease Corporate Real Estate ETF
Inception Date: 21-Mar-2019
Termination Date:
Investment Objective: NETLease Corporate Real Estate ETF seeks to track the performance of the Fundamental Income Net Lease Real Estate Index. The Fundamental Income Net Lease Real Estate Index (NNNLSCTR) is a rules based, passive index that, for the first time, defines and tracks the performance of the rapidly expanding net lease real estate sector in a diversified manner. The Index uniquely defines a sector not by the underling property types, i.e. industrial, retail, office, etc., but rather by the controlling legal document known as a net lease which can be used with any property type. The Index includes only equity REITs which derive the majority of their revenue from net leases. The Index also places important limitations on concentration in any one constituent or tenant which creates a highly diversified portfolio spanning multiple investment teams, tenant industries, property types, geographic location, and most importantly tenants.
Prospectus
Top 10 Holdings
WP Carey Inc WPC 9.2100%
VICI Properties Inc VICI 8.1500%
Realty Income Corp O 8.0300%
NNN REIT Inc NNN 7.9000%
Agree Realty Corp ADC 7.8600%
EPR Properties EPR 4.7900%
Global Net Lease Inc GNL 4.4200%
STAG Industrial Inc STAG 4.0000%
Four Corners Property Trust Inc FCPT 3.9600%
Broadstone Net Lease Inc BNL 3.9400%
Top 10 Holdings Weight: 62.3%
Number of Holdings: 23
Shares Outstanding: 1,525,000
Total Net Assets: 38,262,250
NAV: 25.12
Net Expense Ratio: 0.60%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Real Estate
Industry: REIT
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Broad Market / Multi-Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type: Diversified Real Estate
Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic